Rusoro Mining Ltd. (CVE:RML – Get Free Report) shares traded down 10.3% on Monday . The stock traded as low as C$1.05 and last traded at C$1.05. 231,469 shares changed hands during trading, a decline of 87% from the average session volume of 1,779,151 shares. The stock had previously closed at C$1.17.
Rusoro Mining Stock Down 9.4%
The company has a market capitalization of C$664.35 million, a P/E ratio of -13.25 and a beta of -0.32. The company’s 50-day simple moving average is C$1.05 and its 200 day simple moving average is C$1.14.
About Rusoro Mining
Rusoro Mining Ltd. engages in the acquisition, exploration, development, and operation of gold mineral properties in Venezuela. It primarily holds 95% interests in the Choco 10 mine; and 50% interest in the Isidora mine located in the El Callao district in south-eastern Venezuela. The company was formerly known as Newton Ventures Inc and changed its name to Rusoro Mining Ltd. in November 2006. The company is headquartered in Vancouver, Canada.
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